Archived
I am suing a business for fraud. Is there a time limit on how far back I can go to show fraudulent activities?
Michael's answer
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Answered on July 27, 2015
Arizona Revised Statutes Section 12-543(3) governs the statute of limitations for fraud. You should consult with an attorney regarding whether...
Archived
Foreclosure
Michael's answer
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Answered on July 23, 2015
Your question is pretty broad, so to answer it will require some more detail. One major question is whether your property is less than 2 1/2 acres...
Archived
If I foreclosure on the 2nd position then what happen to other liens behind - like 3rd lien, etc.
Michael's answer
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Answered on May 28, 2015
If you foreclosed on the subject property with a first position lien, you have taken the property subject to that lien. Any other lien recorded...
Archived
I foreclosure on a property. Homeowner left and now what?
Michael's answer
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Answered on May 11, 2015
If the property indeed reverted back to you and you have a trustee's deed, you are now the owner. If the homeowner indeed packed up and left, the...
Archived
I purchased a seller financed home A deed of trust was recorded Just found out seller is letting house go to foreclosure
Michael's answer
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Answered on April 21, 2015
I am so sorry this is happening to you. Did the title company that is handling the account servicing make clear to you (or did the seller) that...
Archived
If I already filed for bankruptcy on my home, can it hurt my credit again if it gets foreclosed on?
Michael's answer
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Answered on March 24, 2015
These are completely separate issues in terms of impact to credit. A foreclosure will certainly impact your credit rating, often staying on the...
Archived
Can the mortgage company take our other paid for homes if we let our home go back to them that we still owe on?
Michael's answer
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Answered on February 27, 2015
The answer largely depends on whether the bank has any recourse on the current loan you mentioned. If the money you owe was used exclusively for...
Archived
Dissolution of a members LLC, AZ
Michael's answer
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Answered on February 11, 2015
If you have an operating agreement, it will dictate the process of dissolution. Otherwise, the default provisions of state law will control. ...
Archived
I lost my job 6 years ago, and I lost our house at Trustee's Sale. Am I still financially responsible for the Deed of Trust?
Michael's answer
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Answered on February 05, 2015
The crucial question that I would have, which is not addressed here, is when was the trustee's sale? If the trustee's sale was more than ninety...
Archived
A home with a Notice of Sale does the lender has the right to put in for sale in "Auction.com" as a foreclosured home?
Michael's answer
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Answered on February 02, 2015
While I have not seen the Auction.com listing, based on what you have described, if the home has not actually been sold at a trustee's sale yet and...
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